2222 DOWNING LN, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,662,026 and $1,835,220, with a best estimate of $1,759,494. That places the property below the L50EN - Nightclub/lounge/pool Halls-leander/cedar Park median of $2,271,818, in a neighborhood that appreciated 68.3% over the past year.
Estimated Value Range
$1,759,494
$2,830,743
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L50EN - Nightclub/lounge/pool Halls-leander/cedar Park. The estimated range of $1,662,026 and $1,835,220 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$1,201,237 for 4,975 sqft more living space and +$4,349 for being newer. Net adjustment: +$1,205,586.
Adjusted +$1,296,128 for 5,368 sqft more living space and +$7,990 for being newer and -$60,193 for no garage. Net adjustment: +$1,243,925.
Adjusted +$1,663,381 for 6,889 sqft more living space and +$4,652 for being newer and -$60,193 for no garage. Net adjustment: +$1,607,840.
Adjusted +$1,180,472 for 4,889 sqft more living space and +$7,889 for being newer and -$60,193 for no garage. Net adjustment: +$1,128,168.
Adjusted +$1,352,629 for 5,602 sqft more living space and +$7,484 for being newer and -$60,193 for no garage. Net adjustment: +$1,299,920.
The Neighborhood
This home is valued 24.6% above the L50EN - Nightclub/lounge/pool Halls-leander/cedar Park median of $2,271,818. With 5 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 68.3% over the past year.
L50EN - Nightclub/lounge/pool Halls-leander/cedar Park
above averageThis home is +24.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $48,256 across all districts. With a homestead exemption claimed, that drops to $46,212 — saving $2,044 per year. That's $3,851 per month a buyer should budget. The assessed value increased +50.9% vs the subdivision average of +68.3%. This increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $30,767 |
| Williamson County | County | 0.3694% | $10,458 |
| Austin Community College | special | 0.1034% | $2,927 |
| Williamson County ESD #12 - Cedar Park | ESD | 0.0836% | $2,368 |
| Williamson County FM/Rd | County | 0.0443% | $1,255 |
| Upper Brushy Creek WCID | Water | 0.0170% | $481 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7047% | $48,256 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,759,494 would pay approximately $10,983 per month (principal and interest only, excluding taxes and insurance).